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1060 Marjorie Street
South Lake Tahoe, California 96150 United States

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Details for 1060 Marjorie Street

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Price:
$825,000 
Price / Sq. Ft.:
$190
Bedrooms:
12
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Interior:
4,332 Sq Ft.
Exterior:
.27 Acres
Property Type:
Multi Family
Year Built:
1966
Web Id:
27999045
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School District:
Lake Tahoe Unified
History:
Posted: 324 days ago
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About 1060 Marjorie Street

Great investment property! CAP rate of 6.9%! Rentals are at a premium in Lake Tahoe. SLT City has indicated the greatest housing need in SLT is for more studios. Multi-Residential complex with 12 studio units and shared a kitchen. Located near shopping, bank & bus route. 100% occupied. 12- studio/bathroom units; Two units have fireplaces; one unit has a full kitchen with FP; shared kitchen facility on 2nd floor. Efficient radiator heat. Over $150,000 in renovations:newly painted; renovated,including dual pane windows, refinished parking area with striping, renovated interiors & more! Managed by local rental agency. Multi-zoned vacant parcel to right is also for sale-$110,000- MLS #122429. Call listing agent for more information.

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Property Details

County: 
EL DORADO
Year Built: 
1966
Basement: 
None / Slab
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Advertiser Logo
Coldwell Banker McKinney & Associates
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Pamela Bettencourt
(530)318-3349
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